Jordi Visser

You need more places to run these things.

The hyperscalers need data centers to supply that.

There is a bottleneck that is happening.

So the companies, in my opinion, that are going to work this year.

energy companies because we need energy.

And now it's all energy companies because of Venezuela, because of Greenland, because of defense, which I'm sure we'll get to.

It's a major theme for me.

But I think energy, we need power.

It's not going away and they're going to find ways to get it.

Second thing is you're going to see financials profitability story.

You're going to see drug discovery.

So the pharmaceuticals are going to be involved in this.

Insurance companies go through the list.

Anybody that's a paper pusher that can benefit from AI is going to see their margins increase.

And here's the story.

The same way when ChatGPT came out, if you had the forward look to go, oh, my God, we're going to need tons of GPUs.

The gift that keeps on giving for the next three years is once efficiency gains start.

I want people to think about this as Ozempic.

You take that first pill, you lose a little bit of weight.

As long as you stay on it, you're going to keep losing weight until you get to where you're as efficient in terms of your body as you can be.